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it and the obama campaign should expect this as well because that's what happens this time of year. in 2007 we were going six months at this stage, or six months into the campaign four years ago at this stage. we were focused on iowa. we believed we had to win iowa to have a shot at the nomination. if we lost, we would have some problems. there was a much more narrow path to the nomination. so everyone was really focused on the four early states, which included new hampshire, south carolina, new hampshire as well. things were really starting to happen in september. starting to see things come together after many months. tuneups for thel collaps race that's 12 weeks away. a car you have on labor day is the car you'll drive through the primary. so you are getting people into positions. it was late september when this poll dropped. it was the same one we had been seeing a couple months, but it showed hillary clinton ahead by 47% to 23% at. it was a cnn poll and she was winning by at least 20 points or maybe 25 points. apple dropped into headquarters like a grenade. there was something that happened in
marks. telling reporters the middle-class has been buried over the last four years not even aware obama was leading the nation and robert gibbs said he was referring to damage the bush had caused. >> we had eight years of terrific decisions, wall street rate teeing its own rules that took place four years ago of which we had to dig out from each day. be clear. the middle-class was buried for a lot longer than we were dealing with bad economic decisions. lou: stephanie cutter contradicted trying to spin them out of the last four years telling another network we're absolutely not we made our predecessors by any means. three days after david axelrod and senior advisor told different stories of what the president knew of the terrorist attack in benghazi. less than 24 hours the president is in a debate with himself. of the daily caller uncovers a tape of senator obama june 2007 engaging in defense of class warfare rhetoric to a group of black ministers. take a look at his controversial remarks from his 2007 speech side-by-side with remarks less than one year later. >> special shout out to my
doubled our spending under george bush. we continue to add during the obama years, but had to deal with the iraq and afghanistan wars and the bush tax caps -- cuts that were never paid for. the support president obama as are commanded -- commander in chief? do you believe he is the united states citizen? you accept the fact the columns of the christian? >>-- he called himself a christian? >> that was three questions. i will say, of course barack obama is our commander in chief. i wish he were a stronger commander in chief. >> to you believe in the? >> let him finish, please. you posed the question. >> i wish he were a stronger commander in chief. in recent weeks, we saw the tragedy of the assassination of -- >> let him finish. >> ok. >> they are simple questions. >> i.n.d. stand you would like to put meat on the cross examination stage. if you would like a -- >> i'll give you about 20 seconds, then we will move on. >> i wish she were a stronger commander in chief. the last few weeks, we saw our ambassador to libya assassinated in an organized action by al qaeda on september 11. his
. i was a 23-year coal miner for many years. barack obama is wanting to do away with coal. i want to see mitt romney come back to my area and talk about call. we have a lot of people down here suffering because barack obama has shut down the coal business. i am a christian voters. i like to take the bible and lay it down and look at it and see which president i would like to vote for. i cannot find anything in the bible that i can vote for for barack obama. he does not have anything i can vote for him more. you turn over to romans chapter 1 and it talks about homosexuality and is an abomination of god. the two exodus' chapter 20 it talks about not killing babies. he is proud of it. there is no way a christian voters can vote for barack obama. host: some of the issues you just discussed were not discussed last night, or they? caller: they have been discussed in the past. i know mitt romney says he is against the homosexuality and will not vote for gay marriage. that is another thing he is against -- do not go in debt. when you become a debtor, you are a slave to whoever you borrowe
. obama he did too. a year after it passed a percentage of americans who believe the stimulus created jobs was lower than the percentage of americans who believe elvis was alive. at one point i told the story how obama told his cabinet that the stimulus was the only thing less popular than he was. when you put the words change and obama this close together you are going to get yelled at. the new -- "the new new deal," right wingers the text of the old new deal and left wingers don't think this spineless sellout of a president is fit to share a book jacket with the new deal. i had a feeling some readers wouldn't get past the first four words. and i was right. a few weeks ago i got a google alert that "the new new deal" was in the new republic. i had written a lot for that magazine. i have a lot of friends there. i clicked on the link and it is the blog coast by a 23-year-old researcher who announced right away he couldn't even make it to the first page. she couldn't get past the first four words. but not these four first words. i will read what he wrote. it was so disturbing, so washington
president obama took office. >> this is deadly ernst. how they can justify raising taxes to the middle class has been buried for the last 4 years. how in the lord's name can they justify it? >> now instead of focusing solely on tonight's denver the obama campaign is doing damage control even though the vice president changed had. some of the harm done once to the strong middle class republicans are taking the comments and running with it. >> vice president biden just today said that the middle class over the last four years have been quote buried. we agree. stop digging bile electing mitt romney the next president of the united states. >>> the obama campaign is calling that an out of context attack. the numbers they say mr. biden buried line including that that reflect high unemployment rising debt and smaller paychecks over the last four years. >> newt gingrich is talking about. >> newt beginnihe went on the r what he has to do. >>> it is a clear-cut situation. romney has to be clear and factual and stick to his grounds. he has to recognize he's up against the incumbent president of the uni
not hear it. >> in response to the romney video, an obama video surfaced from 14 years ago in which he discusses market forces and competition, but also the redistribution of wealth. let's take a look. >> it is figuring out how we structure government systems that pool resources and facilitate some redistribution, because i actually believe in redistribution, at least a certain level to make sure everybody has got a shot. >> mr. sadler, do you agree with this notion of redistributing wealth from one side of americans to another site? >> i do not agree with that at all. i do not know the context, the full context of what he is saying, but that was 15 years ago. >> 14. >> 14 years ago. i do not follow that philosophy. i do not see any evidence, in spite of mr. cruz's claims, of him manipulating the public, as he suggests. >> mr. cruz, please respond -- do you believe he is saying he does not believe in redistribution? >> of course president obama believes in wealth distribution. been clear is that he supports president obama. this president has engaged in reckless fiscal policies. we hav
, the worst is iran with nuclear weapons. bill, where are we? four years, obama has been talking. four years the iranians have it happened to build -- >> bill: no doubt about it. they thumbed their nose at him. >> north korea route. >> colonel hunt, i certainly understand that model, but iran is different. north korea doesn't threaten the world economy, the world oil supplies. they weren't led by meeseianic nut cases. they didn't have this -- >> ralph, you're -- >> bill: the north korea had a restraining agent in that sense does to this day and that's china. there is no restraining agent on iran at all. none. >> but guy, iran has hezbollah and hamas, if they uncork them, hezbollah in lebanon and hamas in palestine and float one of their three submarines in the strait of arrest had you seen, you have real problems. my point is that if you bomb, if the israelis go to bomb, there is no success. the only way to get at those bunkers is nuclear bunker busters and nobody is going to throw nukes at iran. my point is there is so much more to do against iran than talk about -- >> bill: look, you can c
billion dollars a year. it is an incoming treatment in place for a hundred years. obama: time to end it. romney: in one year you provided $90 million in breaks to the green energy world. now i like green energy as well, but that is just 50 years of spain with oil and gas are seized and you say exxon and mobil, this $2.8 billion goes largely to small business for drilling operators and so forth. that $2.8 billion is on the table. of course it's on a table. that is not going to survive to get every to 25%. but don't forget it, you put $90 billion, like 50 years worth of breaks into solar and wind to sue under a too fiscal and tesla. you don't pick the winners and losers. you pick the losers. so this is not the kind of policy you want to have. you want to get america energy secure. the topic is you get a deduction for taking a plant overseas. look, i've been in business for 25 years. i have no idea which are talking about. i maybe need to get a new accountant, but the idea that you get a break for shipping jobs overseas is simply not the case. but we do have now is bring in money overseas
after taking office president obama said he would fix the economy in three years or face a one-term proposition. today he has broken the promises. his words have no credibility. host: that was the republican weekly address. ralph from the main joins us on the independent line. caller: i was born in 1950, 61 years old. i have gone through all kinds of things. my dad was in the service -- i have had two fathers. i am taking care of my mother now who is just getting one cut back after another through social security. medical benefits. i am not happy. i know what is going on. in the last five years i have taking care of her 24-7. i have had time to educate myself on what it is. until we understand who the enemy is, nothing will change and their plans will continue. there are manufacturing a war because global international banks and their lackeys have bankrupted the world. derivatives are nothing more than leverage. you have a situation where if you look and research it, the city of london which is one square mile in the heart of london which is not even governed by the laws of eng
that automatically? this time around it's more dangerous, isn't it? for president obama to blame a guy four years ago. >> yeah, because people are going to say, what did you do lately? you've had four years to fix the economy and look at the economic malaise we're still in. look at the jobs reports. last month, adding 96,000 jobs. not even enough to keep pace with population growth. chris: we put the first debate to the matthews meter. 12 of our regulars, including john, kelly and howard is mitt romney more likely to break through wednesday night on style points or on substantive arguments? nine say substance. three say style. you voted with the majority. howard, -- >> well, he's got to do it. again, deftly with humor. but he's got to brace the president. he's got to say, look, you're responsible. you're the economic commander in chief. there has not been nearly enough progress and not what you promised. here are five promises you made. you haven't met any of them. why do you deserve another four years, sir, if you haven't done that? that's the case he's got to make in the first debate. chris: well d
. -- for obama this year in particular. >> the gap is the headline. very much so. >> question for all of you before we move to another clip that we have going to our point of how to move beyond winning and losing. wondering what would be the most important thing for me to look at what i am watching the debate? the debate is open, what should i look at in the beginning? >> my perspective would be the most important thing you want to look for is democratic leadership. how does this person perform democratic leadership? we have a set of conflicting expectations that the president the democratic or ordinary, someone we can relate to and would react like we would. someone who will subordinate himself or herself to the public will and be responsive servant. someone democratic and with the people, but also somewhat leaderly, someone who could take charge of public problems. those things have to come in a very delicate balance. that is often what kids overstepped. that is something i look at. you could think of times when it has been overstepped in one way or the other. george w. bush looking at his
obama just made -- i think he has had is time for the four years, and it seems like we are worse off than we have ever been. he has had his time to prove to us that he could do it, but he has not prove anything to us. the people on social security today are starving to death and he has not help us one bit. as far as the war in iraq, he says he has ended that. if he finds our man over there is still getting killed, why does and he just bring our man at home and get them out of theire? sir, i thank you for your time, and god bless you. >> on our debate hub at c- span.org, we have broken a speech down into various clips. as the rally started this afternoon in denver, president obama responded to some of the comments of mitt romney. here is how it looked this afternoon. [video clip] >> we also had our first debate last night. when i got onto the stage, i met this very spirited fellow who claimed to be mitt romney. [laughter] but it couldn't have been mitt romney, because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts to favor
and i am very disappointed in him -- obama four years ago and i am very disappointed in him. >> what made you decide to vote for mitt romney? >> i think he is the only one who could really get us out of this position that we are in. it can go on like this. i am against obama for what he did and taking 4 $5 billion out of our medicare system and putting it into obamacare. >> thank you for your calls. continue to comment if you want you on twitter and c-span.org. both presidential candidates will have campaign appearances tomorrow. we will have live coverage of president obama speaking at george mason university and later on mitt romney will be speaking in virginia. both of those will be live here on c-span. >> we need to tackle our nation ' as challenges. we need to save and strengthen medicare and social security. we're not going to scare seniors. we will save benefits for seniors and for my generation so that these promises are kept. they have laid out -- >> they say that we stole medicare and you have seen the ads and everything. nothing could be further from the truth. >> next thu
and this is a reality show where obama and romney will meet in the first time in nearly five years before their biggest audience of the campaign. the first 2008 presidential debate between the president and john mccain got seven times the audience of the highest rated 2012 republican primary debate. think about that. seven times. past debates show romney and obama have to worry about cut away shots that are less than flattering. in the past both candidates have come across as irritable, patronizing or disengaged. this was chris christie's advice to the candidates yesterday. >> what you do is go out and be yourself. and people either like it or don't. if they don't, they are going to vote for somebody else. not a tragedy. no one dies. >> finally speaking of debates, there was a barn burner last night in massachusetts where scott brown and democratic challenger elizabeth warren faced off in a debate. moderated by nbc's david gregory. it was tense from the outset. >> if you're going to comment on my record, i would at least have you refer to it -- excuse me. i'm not a student in your classroom. please let
and spending policies are threatening the financial foundation of our country. every year since barack obama has been president,, the federal government has spent over a trillion dollars packard more than it has taken in. we have a $16 trillion national debt. we are mortgaging the a future of our children. the national debt today totals $50,000 for every man, woman, and child in in america. we can do better and we will be better when we elect mitt romney and paul ryan on november 6. president obama call would have us believe that this is somehow the new bubble. joe biden -- joe biden. there is the gift that keeps on giving. they would have us believe that somehow this is the normal. that this is the best america can be. they would have us be our best days as a nation are behind us. that up -- we don't believe that. we believe the 21st century will be another american century. we believe our best days are yet to come. we know that to do that, we have to have new leadership in washington d.c. and we need mitt romney and we need paul ryan. [applause] hunt i want you guys to go out for these nex
in everything he became president. the initial result for two years awarded with declining obama approval writing, awarding with huge windfall in the midterms. it made conservatives think the rest of the country is coming to our side u in rating, the midterms explained by how bad the economy was and what we are seeing now, as the economy starts to improve a bit, most americans actually like obama, cheering for him this stuff really seems off note, i think, to the average american. >> owe mama is a divisive figure, constantly pitting one america against the other. in 2007, it was black america against a white government. and knew that he essentially is the government, he is taking that same kind of tactic and he is pitting poor america against wealthy america. the problem with this is that there are actually aggrieved groups, legitimate arguments to be made that the government has neg lengtd the concerns of black america, that our economy has not sufficiently addressed poverty, but you don't put agrieved groups and pit them against one another. that is not what a truly transcendent leader
president obama is in unchartered water. he hasn't debated in four years. instead of being the 40 something senator who has got two years in office with this great orator skills and promise, talk to your enemy, i'm going to reach out to the islamic community, the muslim world. i'm going to rebalance our economy, make it a fairer situation. and then promise health care and immigration reform. he could say whatever he wants and senator mccain sits there and g that's impossible, but i can't prove it. now we have four years to look at and say, what did you do? why did do you it? defend what you've done. that makes it a lot easier for governor romney n my mind, than senator mccain. no more theories. now we've resume. >> steve: that's right. and in fact, the romney camp has kinds of changed their strategy over the last couple of days publicly and now they're going to make it a choice. so many people know that the economics of our situation right now are horrible and if you look at history, there is no reason this president would be reelected given the past, if it's prologged, given the fact that
president obama as a candidate ran on four years ago, was bringing the nation together and yet, last night on the stage, it was mitt romney talking about how he had found bipartisanship with his health care plan and president obama had not with obamacare. >> it's part of the contrast in their records, when you look at governor romney work with a democratic legislature, 87% of the seats in the state house and state senate in massachusetts were held by democrats when he was the governor, and yet they were able to work across the aisle to get things done for the people of massachusetts. they cut taxes 19 times. they balanced the budget and got a rainy day fund and upgraded their credit rating in massachusetts. they brought unemployment down to 5.7%. and that's in sharp contrast. we've had our national credit rating downgraded as a result of president obama's policies. he's not worked across the aisle and we've had unemployment go up as a result of his policies. >> gretchen: although president obama's biggest critique of your candidate is that there simply are not enough details in his plan. s
campaign. and obama has not debated since four years ago. dana, what do you think? >> dana: except for "the view." >> bob: what do you think of the expectations? dais when president obama says that, it's not credible. they don't believe that. they think so highly of themselves and their campaign, when he says that, you know he is setting it up so the headline the next day will be despite expectation of him not doing well, president obama shined. that's what you will read. >> greg: surprisingly good point. gamesmanship. obama doesn't believe there is anything on earth anyone can do better than him. false modesty that is comically nauseating after a while. no, there is nothing that he thinks romney can do better than him. >> eric: a good reason for that. everyone after the last four years ago said what a great speaker he is! he is one of the best political speakers over the walk the earth. remember that? then no, i'm not that good. >> bob: do you think you have chance of setting expectation lower for himself? >> andrea: does he? >> bob: yeah. >> andrea: he wants them be as low as possible. >>
the last five weeks. if you elect obama for the next four years, there will be no better than the past four years. i happen to believe that is true, but not very inspiring. it is hard to blame the guy. he wants to get reelected with a pretty narrow cast approach to democratic and independent constituencies. i do not think we will get the kind of framing you would like. i am a little less pessimistic. i do think reality matters. and we will hit a cliff and all kinds of ways. the fed cannot keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, pr
obama and now president obama did in the democrat primary four years ago as well as mitt romney had debates four years ago and also in this most recent primary. president obama does have the advantage of having done the one on one with john mccain four years ago. he went one on one with mccain. he did very well. most would say he beat john mccain. so i think -- i think the onerous is on president obama. >> the director of debates at southern illinois university wrote an op-ed for cnn and said both have strengths and weaknesses and this will be one of the most important presidential debates we've seen in history. here's how he outlines it. when you talk about romney's strength he says he's smooth, knowledge able, excellent first lines and tends to pivot. he says president obama, his strengths, he can be detached, he has an ability to focus and crystallize that's very strong on his reasoning. donna, do you see either one of these as being accurate here? do you think that there's some sort of opportunity, if you will for the president to attack on romney's strengths or is he pretty for
i would like to make, is 20 years ago, i became the luckyest man on earth because michelle obama married me. i just want you to know, next year we will not be celebrating it in front of 40 million people. four years ago we went through the worst financial crisis since the great depression. many jobs were lost. the auto industry was on the brink of collapse. because of the resilience and determination of the american people, we have begun to fight our way back. over the last 30 months, we have seen five million jobs in the private sector created. the auto industry has come roaring back. housing has begun to rise. the question tonight is not where we have been, but where we are going. governor romney has a perspective that says, if we cut taxes, skew toward the wealthy, and roll back regulations we will be better off. i have a different view. i think we have to invest in education and training. i think it is important for us to develop new sources of energy here in america, that we change our tax code to make sure we are helping small businesses and companies here in the united sta
. host: thank you. guest: there is no question -- president obama had a jobs bill last year. as it at scale wit hh the problems we faced? no. but it was a jobs bill. the republicans had no use for it. it was put aside because they did not want to have the present have a success. they were not interested in creating jobs. do they have a jobs plan? there is no record that cutting tax creates jobs. the republicans have been a obstructionists, but i do think the democrats need to be bolder and put forward many more ideas about how to create jobs. in my mind the democratic party is a coalition of interest. the republican party i think will possibly expire because it has become so extremist. it risks extinction in a country going through such demographic shifts. it is primarily a white, older party to that. -- today. it doesn't understand how they will operate. they will throw as much money and do the vote suppression which about 11 courts have said we're not going to buy into the idea of bogus voter fraud to impair the greatest rights america has. which is to vote. host: we have
to be an ideologue for the past few years. obama seemed to be like a team sitting on a lead. i would not have said smog it, i would have just said somebody who did not seem to be terribly hungry for it. -- i would not say smug, just somebody that was not hungry for it. i did not really big in these examples after, i do not particularly care for them. -- these instant polls, i didn't care for them. when you see who did the best job, obama 25, romney 67. obama did better than expected 21%, worse than expected 61%. romney did 82% better than expected, at 10% said they thought he did worse than they expected. my guess is the 10% or partisans. democracy first, a democratic polling firm. romney has a good night, but no evidence of changing the game. i agree with them completely on the first that romney had a good night. i think we will have to see a minute whether it changed the game. walmart sponsored their walmart focus groups with momentum analysis, a democratic polling firm, one of glen's partners together. they suggested a monster lot of walmart moms, it was a win for romney. the people in the grou
see another four years in office. michelle obama has won the "family circle" magazine presidential cookie bake-off. the magazine does this every four years for white and dork chocolate chip cookies. peter, you remember we talked about these. she won with 52% of reader's votes beating out ann romney's m&m cookies with 48%. >> john: were they -- >> recipes in the magazine. which one would you rather eat? >> john: she had a white chocolate -- >> white and dark chocolate. >> john: ann romney had m&m. it works itself out all around. that's exciting. do you ever feel like it is too wonky talking about these policy issues? >> no. >> john: good. >> by the way, i was all for ann romney's recipe. >> yeah, you were. >> john: that's because you hate barack obama because you're a racist. you hated michelle's cookies. what's wrong with you? >> it seems fitting that -- >> john: i don't want michelle obama's socialist cookies no. >> that's a painfully accurate accurate -- >> john: michelle obama with her sleeves
will that affect the voter's opinions? look at what happened four years ago. watch this. barack obama spoke more than two minutes longer than john mccain during the second debate in 2008. and during the third debate, there was an even bigger gaffe. obama talked a full five minutes longer than mcain. one major reason for the extra time obama received was the rebuttal time for mccain's numerous attacks. we're going to see what tonight's exchange brings since the moderator promised more interaction between these two candidates. candy's back at the debate hall in denver watching all of this unfold. it's getting crowded. i understand behind you. >> it is. think wedding right now. you're beginning to see folks come into this hall and on one side, will be the obama campaign supporters and on the other side will be the romney campaign supporters or at least in those front rows. we see people like nancy pelosi is here et cetera. you'll see the wives sort of right in the podiums are tilted. so, president obama will actually, he'll be this way. president obama will be looking at his wife who's sitting on t
's a larger group because you have the self-employed. over the obama years, more and more people have left the labor force completely. especially older people between 50 and 56 that live off their savings and ira's before they should. some of those folks have returned in part-time work essentially in home-based businesses. about 110, 115,000 jobs are created in the establishment survey or the employer survey. but about 850 in the household survey, that would imply 700,000 or about 5% of american families have established a home-based business. it's completely implausible that that could happen. >> okay. so you say it's completely implausible and you are not the first economist to say this. and the only sample in terms of teeny fraction something like 55,000 people they call. is it possible the bureau of labor statistics extrapolate out from that? did they possibly get their estimate wrong? >> i think it's possible they got their estimate wrong. more likely is that these folked do have home based businesses but they don't earn very much money. consider the reporter getting laid off by the t
to get to jeff. >> two years ago, barack obama warned about the subprime crisis. john mccain, while barack obama was warning about what we had to do, was the tralee giving an interview to "the wall street journal" say that he is all for cutting regulations. john mccain is a good man, but he thought that the answer is the tried and true republican response -- deregulate, deregulate. so you have deregulation, the belief that wall street would self regulate itself. barack obama was talking about reinstating those regulations. john, on 20 different occasions, called for more deregulation. he said he wants to do for the health care industry, deregulate it and let the free market move like he did for the banking industry. so deregulation was the promise. guess what. those people who say don't go into debt, they can barely pay to fill their gas tank. i asked a guy named joe. i said, julie, how much does it cost to fill your tank? he said i don't know. i never have enough money to do it. the middle class needs relief, tax relief. they needed now. >> the governor, if you like to respond to w
for the wealthiest americans which is what president obama wanted those families making more than $250,000 a year, individuals making more than $200,000 a year, what would the impact of that be? >> well, you know, that would hurt but that is something that the economy could digest because the -- total hit would be much smaller. of course, you are hitting higher income households who have other saving, other financial resources. they wouldn't pull back on their spending to the same degree. association you know, all else being equal it would be -- a negative to the economy in the very near term but it is something the economy could digest and -- ultimately longer run we need to address our fiscal situation. that is, we need government spending cuts and we need additional tax revenue. both of those things to address our fiscal problems. one way or the other we are going to need additional tax revenue and 2 most likely place to get additional tax revenue is from higher income households. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at
at american.com. obama and his liberal allies? we can't afford four more years. i'm mitt romney and i approve this message. . >>> the nationwide meningitis outbreak is growing. maryland officials identified two more people infected after receiving a inject, bringing the total now to 5. the death toll from the outbreak is up to 8 and health officials report 105 confirmed cases in 9 states. fox's mary ann rapheerty has the latest. >> we're investigating an unusual outbreak of meningitis. >> reporter: more than 17,000 vials about have been shied out to 120 facilities in 23 states. despite -- despite the numbers, only a select portion of the population is infected. >> if you have any steroidsal injects between july of this year and the 28th, you need to be aware of this. >> reporter: one indiana wom was informed the steroids injection she received for back pain may have been contaminated. she's nervously anticipating the outcome of her test results. >> i had a severe headache that i couldn't get out of bed and hasn't went away yet. this is nerve racking. >> reporter: meningitis is treatable if ca
be taken advantage of. >> senator? >> well gwen, two years ago barack obama warned about the sub prime mortgage crisis. john mccain said shortly after that in december he was surprised there was a sub prime mortgage problem. john mccain while barack obama was warning about what we had to do was literally giving an interview to "the wall street journal" saying that i'm always for cutting regulations. we let wall street run wild. john mccain and he's a good man, but john mccain thought the answer is that tried and true republican response, deregulate, deregulate. so what you had is you had overwhelming "deregulation." you had actually the belief that wall street could self-regulate itself. and while barack obama was talking about reinstating those regulations, john on 20 different occasions in the previous year and a half called for more deregulation. as a matter of fact, john recently wrote an article in a major magazine saying that he wants to do for the health care industry deregulate it and let the free market move like he did for the banking industry. so deregulation was the promise
. there's no coming back from that. we only have a few years to repeal it. i mean, it was obama's own treasury secretary, timothy geithner who said three years ago that social security, medicare, medicaid, interest on the debt to pay for those programs within 10 years will consume 92% of the federal budget. you add in obamacare, we're a pathetic western european country and there's no america out there to protect us. >> as you said, a million times, he's the worst spender in history. this idea that he's the most frugal president in 60 years, romney ought to mock and ridicule him for that absurdity. his obstruction on entitlements will kill us. i've said it over and over, but romney and his team need to say it more and directly at romney. why have you sat here cynically and acted like there's not a existential problem. why, mr. obama? >> sean: he's got to thread a needle, governor romney. if he hits too hard, oh, you were mean to the president. he was mean. on the other hand, i want to see the passion. i want to see the energy and emotion that you're showing, the concern, because -- >>
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